insisted that forces have been using bombs in their civil war. now opposition activists say the pilots have dropped one on a playground. they say the air strike killed ten children. opposition forces captured an air base on sunday near damascus. government troops responded with air attacks on towns around the bay. one fighter jet bombed the playground in a village east of the capital. video shows what appeared to be the shell of a cluster bomb and canisters of smaller bombs. cluster bombs scatter over a wide area increasing casualties. syrian officials have not signed the agreement. the international group human rights watch reported last month that government forces had used the bombs. government officials say they don't have such weapons. some scientists warn only
drastic cuts in emissions of greenhouse cases will save the environment. they're trying to come up with a new frame work to reduce emissions. representatives of developed and developing nations remain divided over how to move forward. delegates are trying to figure out what to do after the protocol expires at the end of the year. the new frame work is supposed to come into force in 2020. >> we need to agree next steps toward negotiating the 2015 agreement with a particular focus on the work to be done next year. >> china's delegates should extend the existing frame work before come can go up with a new one. >> the key talks include establishing a ratifiable legally binding commitment period under a the protocol.
>> representatives of developed nations want to avoid clauses that place it on their country for reduces emissions. those with developed countries want more help in cutting greenhouse gases. delegates from japan will not vote to extend the protocol. the country's unlikely to achieve a promise 25% cut in emissions by 2020. >> translator: we will consider thoroughly what japan is going to say during further negotiations. we'd like to play an active role. japanese representatives are expected to highlight that the nation contributed $1.74 billion in aid to developing countries above the $1.5 billion it promised three years ago. the delegates will meet through the end of next week. south korea's presidential
hopefuls are gearing up for a fierce fight. the two front runners will launch their campaigns tuesday in their opponent strongholds. they lead a field of seven candidates. she'll make her first speech as a candidate on tuesday. she'll continue her campaign through the south western province of an oppositional territory. both candidates are touting their economic plans. south korean conglomerates have driven the country's growth. the race took an unexpected twist last week when the independent dropped out. his decision gave moon a boost in opinion polls. a weekend survey by public
broadcaster suggests park has a two point lead over moon. the election is scheduled for t. who ever wins mustards diplomats with japan. japan claims islands in the water separating the nations but south korea controls territory. both candidates say that's not up for negotiation. still park says japan is an important friend. she wants to increase economic cooperation. moon says leaders of both countries should make efforts to present be a past from hinder ties but he's firmer on certain cases. he says japanese officials are distorting facts on long standing issues. the debate over territory and history will continue after south korea elect a new president but some business people say the coverage misrepresents what's really going on. they say people from both countries are finding new ways
to work together all the time. >> reporter: this restaurant serves japanese noodle ramen. the staff here speaks japanese. the menu is written in japanese but this restaurant is in seoul. >> translator: political issues will not affect the popularity of japanese food culture here. political disputes and culture exchanges are completely different issues. >> reporter: now south koreans can dig into japanese food in restaurants all over seoul. two years ago mika and her south korean husband jumped at an opportunity to introduce ramen to the capital. they modified their recipes a bit to appeal to the south
korean palette and their business flourished. >> reporter: this month they will open their fourth store in seoul. >> translator: i think our customers like japan. i think they enjoy talking to our staff without touching on political issues. >> reporter: the exchanges aren't just culture. south korean companies grew into leading global companies. now managers of japanese firms count them among their most important clients. the south korean government has been encouraging foreign companies for decades to invest. government officials have discounted corporate taxes and offered up land at cheap prices.
>> translator: political tensions do exist but economically our relationship with japan is very tight. >> reporter: managers of japanese firms jumped at the south koreans offer. last year investment added up to 22 million u.s. dollars. >> reporter: it was built because the original estate ran out of space with an increasing number of japanese companies moving in. the five companies residing here now are all japanese. some who work in high-tech saw a chance to be closer to their clients including samsung and hyundai. one manufacturer opened a factory ten kilometers away from their client, lg.
>> translator: clients technical demands are getting tougher. we knew we had to be closer to them. >> reporter: managers at both companies work together to smooth out the production process. they discovered and fixed a glitch in one production line. the change kus costs for both sides. they say they could have only made such progress by working face-to-face. >> translator: now the japanese companies can supply us with more glass products and we can bring in good materials. so for us it's a huge advantage. >> reporter: some say in the moment people in both countries see the tensions through a magnifying glass but they say most japanese and south koreans get along just fine. they have reached a sense of
maturity. people in greece have waited for weeks to get approval on a loan they desperately need. now it seems they may get some relief. >> the greek people and the finance ministers are relieved. euros have agreed to provide a new bail out to greece worth 43.7 euros. that's about $57 billion. this came after 12 rounds of talks in brussels. the ministers agreed to cut greece's debt to 124% of its gross domestic product by the year 2020. over in the u.s. financial experts say american consumers could spend $200 billion less due to the so-called fiscal
cliff. the potential financial crunch involves automatic spends cuts coinciding with tax increases. it will occur at the end of this year unless opponents in congress find a compromise. the white house on monday released an estimate upon middle income earners. a family of four earning 50 to $80,000 will see taxes rise by over $2,000 a year. the increase will prompt shoppers to tighten pursestrings by $2 billion. members of the democratic and republican parties oppose an income tax rise for the middle class. democrats want the wealthy to pay more while the republicans are against such a hike. the parties start talk this week. now let's get a check on the markets. taking a look at the currency market. the euro reached a one-month
high of 1.3 against the dollar and that's after the news that the euro zone ministers reached an agreement on the greek bail out. euro dollar quoted at 17.2992. now turning to stocks. tokyo shares are up slightly as bargain hunters are buying back recent decliners. nikkei is at 9,430. some investors are selling exported related shares. now let cease how oths how othe doing. kospi is up.
we'll see where china markets take us when they open over the next hour. british financial regulators fined the swiss financial group more than $47 million. they had failed to conduct britain's biggest bank fraud. he was sentenced to seven years in prison. regulators say the system of controls at the swiss financial group was seriously lacking the capacity to monitor illegal activity which allowed the trading to remain undetectived for a period. in addition, they banned new basic c acquisitions. that does wrap up business for this hour.
>> reporter: the river flows along the border. that is the russian-chinese border. the width of the river is 700 meters only so russian people can cross the river and enjoy their day trip to china. since the financial years of the sovi soviet union the number of travelers to china have been rising. last year the record had $400 million. an inflow of chinese capital has transformed the local market into shopping center.
five years ago small vendors small chinese goods. >> translator: chinese products are great and affordable too. >> reporter: deep in economic interchanges have spurred interest in the chinese language and culture among russians. the chinese government has sent to teachers for this chinese language class at a school for adult education. the class is popular. it has more than 100 students. it's population has been fast. to counter regional authorities are accepting over 10,000 chinese workers each year.
illegal workers among the chinese people have become a headache. local officials have started a crackdown. they have also decided to stop accepting chinese farm workers for next year. the decision has left many people in agriculture communities for it. the owner of this 200 farm once employed 40 chinese laborers. after the crackdown he lost many of the workers. he turned to local russians to cover the shortage but that meant greater cost and less earnings. >> translator: we had a bumper crop this year but we count finish harvesting because we had a manpower shortage. potatoes were spoiled.
>> reporter: the governor has yet to decide how heavily to depend on chinese labor. >> translator: some people say chinese workers should go. they're job shortages for russian people but business owners think they wouldn't have enough workers if they lose cheap chinese labor. opinion is split right down the middle. >> reporter: the influx of china's capital and labor oppose a challenge to the region. its officials are trying to cope with the growing influence of the neighboring country. people from around the world have learned about the struggles in pakistan to do something girls in most places take for granted. islamic extremists shot the 15-year-old last month. now people everywhere are
finding out what pakistani girls who want to learn have to go through. >> reporter: the junior high school for 380 girls was blown up on october 27th. it's just one of many schools in north western pakistan attacked by militants. the attacks have continued even after last month's shooting. they are taught to be the work of the pakistani taliban. >> translator: all the classrooms are destroyed. there is nothing left. >> reporter: for now my studies at home but she wants to go back to school as quickly as possible
no matter the danger. >> translator: islam allows women right to education. why did our school have to be destroyed? education is our right. >> reporter: an angry message taught my student is written on a blackboard inside this school. >> translator: heaven punished those who destroy our school. we await allah's revenge. >> reporter: extremists in pakistan have ataked 700 schools in the past ten years. authorities acknowledge more needs to be done. >> translator: be extremists think if they create a world without education they can increase their presence and take control. we're doing our best to protect
schools, but it's not enough. >> reporter: while she received treatment for her injuries in britain, schools in pakistan are taking the up her cause trying to turn the tragedy into an opportunity. the school changed its school to malala out of respect and to highlight the importance of educating women. >> i am malala. >> reporter: the children and human rights activists gathered this pakistan city to show s solidarity to with her. children have returned to damaged schools. already some classes have resumed.
girls go to school without giving into terrorism. malala's will is starting to spread across pakistan. time now to check the world weather forecast. people in northern japan are dealing with a snowstorm. we find out more from mai. >> northern japan is being hammered with this winter storm. let's show you a video from the region. people in northern japan have been dealing with plenty of this blowing snow. this is caused by midwinter like cold air in the upper atmosphere and a wintry pattern and locals were trying to stay out of the way of 130 kilometer the per hour gusts. you can see the traveling is really hazardous at this moment. let's pull back and show you the system will be pulling away from
japan. still the pattern will be remaining. gusts of about 120 kilometers per hour will be likely along this coastal areas. of snow we're talking about 40 to 50 centimeters. really this winter storm is going to be battering the area. the pacific side remains dry and much calmer. the breezy conditions will likely make you feel a lot colder than what the temperature is saying. here towards the southern china region still the stationary front is going to be bringing some thunderstorms to fire up across the region. the foggy conditions that people in the south eastern portions
have been seeing very foggy morning but that's going to be tapering off luckily. temperature wise we're looking at 20s in hong kong and in taipei. 30s in the tropics that's intensifying tropical depression and tropical storm over toward the marshal islands. tokyo 12 degrees on the cooler side. moving over to the americas. still this low pressure system is being very well developed. it's going to further intensify as it moves toward lower mississippi valley. it's already bringing thunder showers across this area but things could get on the severe side. main threats will be hail and damaging winds. tornadic activity cannot be ruled out. as it moves toward the northeast things will get very chilly with that fridgid air flowing in.
precipitation will likely turn to white in new york. i know some hundreds of houses are still out of power due to the aftermath of hurricane sandy. i think the snow will make things work especially with the travel disturbances. chicago looking at 1 degrees. moving over to the european continent. still gusty conditions and unstable weather. wet also. some heavy rain could target the regions that the flooding situations not alleviated yet. across the south central and the mid mediterranean regions very unstable conditions. hail, damaging winds and also heavy rain is on tap. here is your extended forecast.
opposition activists in syria say government pilots have dropped a cluster bomb on a playground. they say the air strike killed ten children. residents say the children went out to play during fighting. opposition forces captured an air base on sunday near damascus. government troops responded with air attacks on towns around the base. opposition activists say one fighter jet womaned the fl bomb playground. cluster bombs scatter a number of those smaller bombs over a wide area increasing casualties. syrian officials have not signed